JPMorgan's blockchain division Kinexys and Digital Asset announced plans to deploy JPM Coin (JPMD), a dollar deposit token issued by JPMorgan, natively on the Canton Network, which emphasizes privacy and compliance. Both parties stated that the related integration will be phased in starting in 2026, initially focusing on supporting the issuance, transfer, and near-instant redemption of JPM Coin on the Canton Network, as well as exploring the integration of Kinexys' other digital payment products into the network; previously, DTCC had chosen Canton Network for the tokenization of traditional financial assets. (CoinDesk)
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JPMorgan's blockchain division Kinexys and Digital Asset announced plans to deploy JPM Coin (JPMD), a dollar deposit token issued by JPMorgan, natively on the Canton Network, which emphasizes privacy and compliance. Both parties stated that the related integration will be phased in starting in 2026, initially focusing on supporting the issuance, transfer, and near-instant redemption of JPM Coin on the Canton Network, as well as exploring the integration of Kinexys' other digital payment products into the network; previously, DTCC had chosen Canton Network for the tokenization of traditional financial assets. (CoinDesk)